Proposal for Treadway Tire Company: Job Dissatisfaction and High Turnover at the Lima Tire Plant
MGT 510: Managerial Communications
The Lima plant of the Treadway Tire Company has a significant problem with employee turnover and job satisfaction. The issue is effecting productivity and relations among employees. This proposal will give a detailed synopsis of the problem, offer background information on the company, and state opportunities and recommendations for improvement.
This proposal is for the Lima Tire plant of the Treadway Tire Company. The Lima plant has issues with high turnover, morale and job satisfaction among employees. The Lima plant needs a plan of action to retain good employees and boost morale. According to Kontoghiorghes and Frangou (2009), talent management is the implementation of integrated strategies designed to increase employee productivity by developing processes for attracting, developing, retaining, and utilizing people with the required skills and aptitude to meet current and future business needs. The perception of human capital management is that employees possess skills, abilities, and experience and consequently have economic significance for the organization (Kontoghiorghes & Frangou, 2009). Hence in order to attract, engage, cultivate, and retain talent, those who have the task of talent management must understand what is important to employees (Kontoghiorghes & Frangou, 2009). Open communications, job satisfaction, and training opportunities were found to be associated with voluntary turnover and employee commitment by other studies as well, as stated by Kontoghiorghes and Frangou (2009). On the word of Kontoghiorghes and Frangou (2009) open communications and good supervisory relations were also mentioned as key factors in retaining high performers. Lastly but certainly not least, education and training were named as yet another means of engaging employees (Kontoghiorghes...